UPS commences Shenzhen operations

UPS          LOGISTICS

China - UPS launched its inaugural flight at the new UPS Shenzhen Asia Pacific Hub, the company's newly moved intra-Asia hub from its former site in Clark, Philippines.

"The inauguration of our flights in Shenzhen is part of our continued efforts to help our customers execute their trade in the region more efficiently," said Derek Woodward, president of UPS Asia Pacific. "As part of this strategic move, UPS's existing intra-Asia hub operations at Clark will be refocused to serve as the main import and export gateway for the Philippines as well as to continue its role as a leading centre for our service parts logistics operations."

 Intra-Asia trade is expected to grow at an annual average rate of 12.2% until 2020, compared to Asia's trade with the US, projected to grow 7.3% annually over the same period.

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